BEST STEP 3
Stabilize
Entrepreneurship Financial Literacy Program
SECTION 1 · WHAT YOU GET
Three things on your hard drive by graduation.
Real bookkeeping in place
QuickBooks, Wave, or Xero set up and running. Personal and business finances cleanly separated.
A credit profile strategy
Personal and business credit understood. The 5 C's of credit explained. Funding readiness scored.
A new relationship with money
The Trauma of Money curriculum — addressing inherited money beliefs that quietly run most Black-owned businesses. Cultural and historical context, not generic financial advice.
WHO THIS IS FOR
Black-owned businesses already operating, with a real money story to fix. Available standalone — or as Step 3 of the BEST journey.
CURRICULUM
Four phases. Built to progress.
The Trauma of Money
Weeks 1–2
Breaking the cycle of poverty thinking. Inherited money beliefs and where they came from. Cultural and mindset shifts around money, risk, and wealth-building.
Cash flow & budgeting
Weeks 3–4
Realistic budgets. Revenue forecasts. Break-even point math. Reading your own P&L.
Systems & tools
Weeks 5–6
Choosing the right bookkeeping platform. Invoicing systems that get paid faster. Tax preparation strategy.
Credit & Capital
Weeks 7–8
Credit literacy, debt strategy, and funding beyond banks. How credit scores work, the 5 C's of credit, alternative funding, and a 1:1 Funding Readiness Review.
COHORT SCHEDULE
Upcoming cohorts.
BEBC Entrepreneurship & Newcomer Financial Literacy Program™
Open to ALL Canadian businesses!
WHAT GRADUATES SAY
From the community.
“The Trauma of Money week was the one I almost skipped. It ended up changing how I price my work.”
Graduate, Cohort 1 · 2025 · Consulting · ON
“I'd been mixing personal and business money for three years. By week 5 it was sorted. My accountant cried tears of joy.”
Graduate, Newcomer stream · Hospitality · BC
“My credit score went from 580 to 690 over the program and the six months after. The lender that turned me down twice now calls me.”
Graduate, Cohort 2 · 2025 · Retail · AB
THE BEST METHOD
COMMON QUESTIONS
Frequently asked questions.
The Entrepreneurship Financial Literacy Program (Stabilize) is a 12-week cohort program that teaches Black entrepreneurs the financial management skills needed to run a stable, scalable business — and to qualify for growth capital.
No accounting background is required. The program starts with the fundamentals and builds progressively. You will work with BEBC coaches and real numbers from your own business throughout.
No. The Stabilize program is free to participants. BEBC programs are funded through government partnerships and corporate Council contributions specifically to remove cost as a barrier for Black entrepreneurs.
Graduates who complete the Stabilize program and meet the milestone criteria receive a $1,000 Black Opportunity Fund (BOF) milestone grant. Complete all four BEST steps to unlock $4,000 in total milestone funding.
Stabilize graduates advance to Transform (BEST Step 4) — the Black Business Incubator Program — where you access capital, incubator support, and BOF loan preparation.
READY TO APPLY
One application places you in the right step.
Application takes ~15 minutes.
Apply now →Applications reviewed within 48 hours · powered by FG Funnels
Register for the Financial Literacy Program
Complete the registration below. A BEBC coordinator will confirm your place and share program details within 48 hours.
A BEBC coordinator will confirm your place within 48 hours